The goal is to showcase and validate the company’s technology in a bid to service the US hemp market, which is projected to triple to $22 billion by 2022.
CropLogic realTime consists of hardware and software that tracks key crop metrics, such as soil moisture and irrigation, and converts observations into data 24/7.
Data can be viewed in a user-friendly platform via desktop or mobile device, which can be used by hemp farmers to make cost-saving decisions.
CropLogic’s CEO James Cooper-Jones said: “CropLogic is excited to apply its considerable agronomy and agtech knowledge on this trial farm this season.
“CropLogic endeavours to be at the forefront of industry, agronomy and agtech innovation trends.
“Acreage under industrial hemp in Oregon has increased significantly in the proceeding years.
“With the passing of the Farm Bill in late 2018 this is likely to increase further.
“By demonstrating CropLogic’s agronomy and technologies, such as CropLogic realTime, on industrial hemp at its trial farm this season CropLogic positions itself well to take advantage of what signs indicate could prove to be a lucrative and expanding market.”
Proactive caught up with CropLogic earlier this month for a company update.
Negotiations with potential offtake partners advancing
CropLogic is continuing various conversations with several potential offtake partners.
The company is also investigating potential participation in the process of its Hemp Biomass beneficiation and processing into CBD products.
The first shipment of high-quality hemp seeds has been received
and delivered to the nursery for germination